Turkey and South Africa's economic relations have reached 2 billion dollars.

The Turkey-Africa Business and Economy Forum (TABEF), held at the Istanbul Congress Center, has been an important step towards strengthening commercial and economic cooperation between Turkey and African countries. Hosted by the Ministry of Trade, organized under the coordination of the African Union and the Foreign Economic Relations Board (DEİK), this forum aims to provide opportunities to further deepen the economic ties between the two regions.

Experts and business people participating in the forum evaluated how the strengthening relations between Africa and Turkey have impacted Turkey's approach to investments in Africa. Turkey's economic presence in Africa has rapidly increased in recent years, reaching a level of 2 billion dollars. This situation has also led to a significant increase in the number of joint projects and cooperation agreements between the two countries.

Additionally, discussions held at the forum highlighted not only the opportunities offered by Turkey but also the investment potential presented by Africa. Business people stated that strategies should be developed to increase the trade volume between the two sides, emphasizing that enhancing mutual trade is vital for business development.

One of the main objectives of the forum is to strengthen Turkey's business relationships with African countries and establish new commercial connections. In this context, promoting collaboration between Turkey's projects in Africa and local business circles has been another noteworthy topic. It has been emphasized that Turkey needs to take a more active role in African markets and that necessary steps should be taken to achieve this goal.

The Turkey-Africa Business and Economy Forum not only strengthens existing collaborations but also has the potential to create new opportunities for sustainable economic growth. This situation presents an opportunity for both sides to operate with a win-win understanding.